Diodes (NASDAQ:DIOD) Given New $100.00 Price Target at Needham & Company LLC

Diodes (NASDAQ:DIOD – Free Report) had its target price trimmed by Needham & Company LLC from $110.00 to $100.00 in a research report report published on Friday morning,Benzinga reports. The firm currently has a buy rating on the semiconductor company’s stock.

Other equities research analysts also recently issued reports about the stock. Wall Street Zen upgraded shares of Diodes from a “buy” rating to a “strong-buy” rating in a research note on Saturday, October 24th. Truist Financial lowered their price objective on shares of Diodes from $139.00 to $133.00 and set a “buy” rating for the company in a research report on Thursday, August 6th. Zacks Research lowered shares of Diodes from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 5th. Robert W. Baird set a $192.00 price target on shares of Diodes in a report on Thursday, August 6th. Finally, Bank of America began coverage on Diodes in a research note on Tuesday, October 6th. They issued a “buy” rating and a $135.00 price target for the company. Five investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $129.17.

View Our Latest Stock Report on DIOD

Diodes Price Performance

DIOD traded up $9.00 during trading on Friday, hitting $77.36. 881,452 shares of the stock traded hands, compared to its average volume of 515,789. Diodes has a twelve month low of $42.28 and a twelve month high of $125.99. The company has a market cap of $3.56 billion, a price-to-earnings ratio of 31.07 and a beta of 1.96. The company has a debt-to-equity ratio of 0.01, a current ratio of 3.17 and a quick ratio of 1.99. The business has a 50 day moving average price of $90.04 and a 200 day moving average price of $87.94.

Diodes (NASDAQ:DIOD – Get Free Report) last issued its earnings results on Thursday, November 5th. The semiconductor company reported $1.18 earnings per share for the quarter, beating analysts’ consensus estimates of $1.05 by $0.13. Diodes had a return on equity of 4.33% and a net margin of 5.27%. The firm had revenue of $532.59 million for the quarter, compared to the consensus estimate of $512.94 million. During the same quarter last year, the business posted $0.37 EPS. The company’s revenue was up 35.8% compared to the same quarter last year. Equities research analysts forecast that Diodes will post 3.18 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Diodes

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Wellington Management Group LLP acquired a new stake in Diodes during the 2nd quarter worth about $10,112,000. Bank of America Corp DE acquired a new position in shares of Diodes in the 2nd quarter valued at about $21,374,000. The Manufacturers Life Insurance Company bought a new stake in shares of Diodes during the 2nd quarter valued at about $2,473,000. HighTower Advisors LLC boosted its position in shares of Diodes by 1,033.0% during the 2nd quarter. HighTower Advisors LLC now owns 38,726 shares of the semiconductor company’s stock valued at $4,238,000 after purchasing an additional 35,308 shares in the last quarter. Finally, J. Goldman & Co LP acquired a new stake in Diodes during the second quarter worth approximately $2,908,000. 99.23% of the stock is owned by institutional investors and hedge funds.

Diodes News Roundup

Here are the key news stories impacting Diodes this week:

  • Positive Sentiment: Diodes reported record Q3 revenue of $532.6 million, up 35.8% year over year and 19.5% sequentially. Adjusted? No—reported earnings were $1.18 per share, beating the $1.05 consensus estimate; gross profit also rose to $192.5 million from $120.5 million a year earlier. Diodes Q3 2026 results
  • Positive Sentiment: The company introduced dual-channel isolated gate drivers for half-bridge and independent gate-drive designs. The products expand Diodes’ offerings for switching applications, though the announcement did not provide sales or earnings projections. Dual-channel isolated gate drivers announcement
  • Neutral Sentiment: Needham lowered its price target from $110 to $100 but maintained a Buy rating. The lower target is a modest reduction in analyst expectations, while the retained rating remains supportive. Needham analyst recommendations

Diodes Company Profile

(Get Free Report)

Diodes Incorporated (NASDAQ: DIOD) is a semiconductor manufacturer that designs, manufactures and supplies discrete, analog, and mixed-signal semiconductor products. Its portfolio includes diodes, rectifiers, transistors, MOSFETs, power-management devices, protection products, logic components, LED drivers, and application-specific semiconductor solutions.

The company’s products are used in power conversion and management, signal processing, circuit protection, lighting, automotive systems, communications equipment, and consumer and industrial electronics.

Further Reading

Analyst Recommendations for Diodes (NASDAQ:DIOD)

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